The Energy Collective – Roundup

Last week, amidst the United Nations Climate Summit and historic climate march, many governments, investors, and financial institutions took the opportunity to make big announcements about their investment in the future of clean energy.

Late last week, Arizona Public Service (APS) and the Residential Utility Consumer Office jointly filed a settlement that would require APS to evaluate storage, efficiency, renewables and demand response as a potential alternative to building or upgrading conventional power plants between 2015 and 2021.

With measures in place across the EU, the USA, and China, carbon caps and pricing will have become the norm rather than the exception. This is likely to put pressure on other jurisdictions without such measures to act. This trend is likely to be reinforced by agreement at the unfccc conference in Paris.

Whether crude exports from Alaska begin to happen regularly will depend on the differentials between ANS and the price of oil in Asia. Affecting this will be a number of factors, including the future direction of Alaskan and Lower 48 oil production.

Due to drastically decreasing costs, amazing advancements in technology, and greatly increased awareness of the need to convert to renewable energy sources, the solar power industry is poised for an unprecedented surge in the marketplace.

In India, 300 million people still lack access to electricity. Coal, which currently accounts for 59% of India’s power capacity, will help meet that demand. But India’s quest to meet its energy needs occurs against the backdrop of increasing international pressure for nations to act on climate change.